Imperial Mining Group Ltd. announces that it has granted an aggregate of 500,000 incentive stock options to a director and officer of the Corporation in accordance with the Corporation's stock option plan. The options are exercisable at a price of $0.09 per share for a period of five years from the date of grant. The Options shall vest according the following vesting schedule: 25% shall vest immediately upon issue; 25 [...]
Imperial Mining Group Ltd. announced today that its Annual and Special Meeting of Shareholders will take place on May 19, 2023, at 9:00 a.m. Eastern Daylight Time by virtual means. The Meeting will be conducted by way of live audio webcast. The timing and process for assisting and voting by proxy will be described in detail in the information circular and the notice of Meeting to be mailed to shareholders in the upcoming [...]
Imperial Mining Group Ltd. is pleased to announce that the Company has appointed AdvanceCap Inc., a fully integrated capital markets services firm, to help Imperial Mining increase its visibility on the capital markets. AdvanceCap, recently formed by a group of highly successful Bay and Wall Street professionals, will assist the Company with its investor outreach, as well as provide other administration services. Peter [...]
Imperial Mining Group Ltd. is pleased to announce that it closed today the second and last tranche of a non-brokered private placement consisting of 2,991,155 units at a price of $0.09 per Unit for total gross proceeds of $269,204. Each Unit is comprised of one common share and half of a Share purchase warrant, with each whole warrant entitling the holder to acquire one additional Share of the Corporation at a price of [...]
Imperial Mining Group Ltd. is pleased to announce the filling of patent applications for its two-stage hydrometallurgical methods and processes for the extraction of scandium and rare earth elements from Crater Lake project mineralization. The patent titled "RARE-EARTH OXIDES" was filed on December 6, 2022, with the United States Patent and Trademark Office , and Canada Intellectual Property Office . The US patent [...]
Imperial Mining Group Ltd. announce the extension of the closing of the balance of its non-brokered private placement , as previously announced on December 23, 2022, of shares on a "flow-through" basis at a price of $0.11 per share out of a maximum gross proceed of $500,000, and of units at a price of $0.09 per Unit out of a maximum gross proceed of $500,000. Under the first tranche of the Offering which closed on the [...]
Imperial Mining Group Ltd. is pleased to announce that it has closed today a non-brokered private placement of 2,000,000 shares on a "flow-through" basis at a price of $0.15 per share for gross proceeds of $300,000. "I am very thankful of the continued financial support we have received from WCPD to advance the development of the Crater Lake scandium-rare earth project," said Imperial President & CEO, Peter Cashin. "This [...]
Imperial Mining Group Ltd. is pleased to announce that it has entered into a Collaboration Agreement with Développement Economique Sept-îles Inc to assist with local stakeholders in the Sept Iles area of the Province of Quebec in support of the establishment of Imperial's scandium, rare earths and scandium-aluminum master alloys facility to be sited within the boundaries of the City of Sept-Iles and to be operated by [...]
Imperial Mining Group Ltd. is pleased to announce that it closed today the first tranche of a non-brokered private placement of 3,670,708 shares on a "flow-through" basis at a price of $0.11 per share out of a maximum gross proceed of $500,000, and 422,223 units at a price of $0.09 per Unit out of a maximum gross proceed of $500,000. Each Unit is comprised of one common share and half of a Share purchase warrant, with [...]
Highlights: Assay results from the final three drillholes from the summer program have returned impressive grades of 378 g/t scandium oxide over 24.68 m in a new mineralized zone within a larger interval grading 288 g/t scandium oxide over 82.57 m and 292 g/t Sc2O3 over 41.95 m , including 320 g/t Sc2O3 over 26.3 m . These are the deepest and southernmost cuts into the TG Zone and confirm a thickening and grade increase [...]
Highlights: Assay results from the three additional drillholes continue to return impressive grades of 98.6 grading 308 g/t scandium oxide , including 52.8 m grading 322 g/t Sc2O3 and 113.7 m grading 278 g/t Sc2O3, including 335 g/t Sc2O3 over 10.5 m and including 301 g/t over 16.75 m . These are the deepest cuts into the TG Zone and confirm a thickening and grade increase to the mineralization at depth. Elevated levels [...]
Imperial Mining Group Ltd. is pleased to announce that it has completed its Summer 2022 exploration and definition diamond drill program on the Ta-Nb Target and the TG Zone. Early results are encouraging and give inference to grade and tonnage increases to the TG North Lobe Deposit resource . The TG scandium mineralized Zone continues to return substantial intersection widths of scandium-bearing Olivine and Pyroxene [...]
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